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Mapping of ecosystem services' (ESS) values means valuing ESS in monetary terms across a relatively large geographical area and assessing how values vary across space. Thereby, mapping of ESS values reveals additional information as compared to traditional site-specific ESS valuation, which is...
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I study how the distribution of environmental goods and income affect the economic valuation of local public goods. I find that how environmental inequality affects societal willingness to pay (WTP) for environmental local public goods is determined by their substitutability as well as by how...
Persistent link: https://www.econbiz.de/10011945006
The purpose of this note is to set out the underlying philosophy of the ecosystem services approach as it is applied in UK policy circles. The aim is to clarify some flexible "ground rules" which should guide both the use of this type of decision support tool itself, and the interpretation of...
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The follow-up negotiations to the Convention on Biological Diversity formulated the Ecosystem Approach, inter alia. The principles of this holistic approach are also important for the forestry sector and its management of forest ecosystems. In the light of the national debate and international...
Persistent link: https://www.econbiz.de/10010347627
discipline based on the powerful economic paradigm and reaching beyond it to capture important economy-environment interactions … economic and the ecological system, unless the understanding of the economy-environment interdependence is further improved and … concepts (externality theory) and their ramifications then turning to issues of interdisciplinarity and empirical relevance to …
Persistent link: https://www.econbiz.de/10011525688
Optimal intertemporal pollution control with irreversibilities is investigated under conditions of certainty and uncertainty. When the assimilative capacity is positive, irreversible pollution levels are shown to be optimal only if the social time preference is sufficiently high. The...
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